Greenjeans & co. presently provides a weekly maintenance service to 140 homes. variable costs per customer amount to approximately $10 per week for labor, mileage, and supplies. fixed costs are approximately $12,000 per quarter. customers pay $270 per quarter for the weekly service. all contracts are written for one quarter. (there are 13 weeks in one quarter.) how many customers are required to break even?

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.